Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Position Boosted by Global Retirement Partners LLC

Global Retirement Partners LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 86,891 shares of the company’s stock after purchasing an additional 58,110 shares during the period. Global Retirement Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,408,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Archer Investment Corp lifted its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth about $66,000. Farmers & Merchants Investments Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after acquiring an additional 640 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.9 %

Shares of NYSEARCA SCHM opened at $28.69 on Friday. The firm’s 50-day moving average price is $28.49 and its two-hundred day moving average price is $28.02. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The stock has a market capitalization of $4.11 billion, a P/E ratio of 16.47 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Company Profile

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.